Indianapolis Times, Volume 40, Number 68, Indianapolis, Marion County, 9 August 1928 — Page 12

PAGE 12

STOCK LEADERS OPEN HIGHER IN IRREGULAR LIST Fractional Upturns Made by Several Issues, but Tone Is Uneven. Average Stock Prices Average of twenty industrials was 215.19, off 2.87. Average of twenty rails was 137.58, off .50. Average of forty bonds was 95.85, up .12. Bu United Press NEW YORK, Aug. 9.—General Motors firmed up 1% to 184% in early dealings on the Stock Exchange today, and other leading issues showed a better tone, although the stock market in general continued irregular. U. S. Steel opened at 139%, unchanged and then advanced fractionally, while General Electric was up % to 149%; American Can, up % at 91% after opening off % at 91%, and Sears Roebuck rose % to 127 Oils were fairly active with firm prices noted in Standard of New Jersey, Texas Corporation and Sinclair. Motor shares were slightly irregular, Chrysler, Packard and Hudson selling off fractionally while Studebaker advanced.

Amusements Quiet The amusement group relaxed from its activity of Wednesday. Warner Brothers Pictures continued to ease off selling down to 75%, but later recovering partially to %. Pathe was up % at 6%, while the A stock made a similar gain to 25%. Keith Albee Orpheum also was only % higher at 21%, but previously it had Sold at 21%. Describing the market, the Wall Street Journal’s financial review today said: “Price movements in early dealings continued to be characterized by the unsettiement which marked * Wednesday's trading. General Motors was firmer with traders short of the stock covering as a precaution against the possibility of unexpected developments at this afternoon’s meeting. United States Steel was slightly easier but Republic moved up in response to the flourishing condition of the steel industry in the Youngstown district. Entertainment shares continued erratic.” Advance Continues Stocks continued to advance at noon despite firmer tendencies in call money. Banks called $10,000,000 in the morning and shortly after noon another $5,000,000 was taken out of the loan market .making the tone firm and leading to the belief that the call rate would rise above 7 per cent renewal figure. Radio, Westinghouse, General Motors, Montgomery Ward and a few utilities were bid up 2 to 5 points, while pool activity occurred in several lesser lights. Schulte Retail Stores was carried up a point to 60 304 in active dealings. Banks and Exchange INDIANAPOLIS STATEMENT Local bank clearings today were $3,830,000. Debits were $5,963,000. NEW YORK STATEMENT Bu United Press KEWwOKK, Aug. 9.—Bank clearings today were $916,000,000 Clearing house balance was $91,000,000. Federal reserve bank credit balance was $79,000,000. CHICAGO STATEMENT Bv United Press CHICAGO, Aug. 9.—Bank clearings today were $96,300,000. Clearing house balance was $5,800,000. TREASURY STATEMENT Bv United Press WASHINGTON. Aug. 9.—The Treasury net balance for Aug. 7, was $347,422,806.85. Custom receipts this month to Aug. 7, were $12,159,307.66. FOREIGN EXCHANGE By United Press NEW YORK, Aug. 9.—Foreign exchange opened higher. Demand sterling, $4.85 1-16; franc 3.90%c, up .00%; lira, 5.23 c; Belga 13.90 Vic, up .00Vic; marks 23.83 c, up .00%. In the Stock Market (Bv Thomson & McKinnon) NEW YORK, Aug. 9.—To us it eeems almost useless to pay more than passing attention to other than the credit factor. The money market is in a strained position, this is self-evident from the money rates. It is also obvious that we cannot afford to have additional strain placed upon 'it without expecting a correspondening reaction in stock market valuations. Brokers’ loan figures will be available after the close this afternoon and as it is generally expected that there will be an increase in these figures, some substance is given to the belief that another advance in the rediscount rate may occur. The general market situation is tense and unless the unexpected arrives to relieve the situation, stock prices should work lower. Marriage Licenses Ell Gmil, 35, of 1515 Steele St., merchant, to >ltfa Wackid, 27, same address, stenographer. George Stephen McDermott, 27, of 410 Fountain Ave., Evansville, machinist, and Lillian Margaret Perkins, 26. of 310 S. Villa Ave., bookkeeper. William Hardesty. 26, of 5200 Riverside Parkwav Rd.. chauffeur, and Mary R. Marquette, 26. of 1140 W. New York St. Oscar Smith Crenshaw, 28, of 2215 N. Dearborn St., city employe, and Thapdosia Bell Coldie, 28, of 1208 N. West St., glove factory. William Alfred Leroy Nelson, 21. of 1053 N. Belmont Ave., car maker, and Ida Me Chrlstena Primus, 18, of 1054 N. Traub Ave., bookkeeper. George Theodore Carrithers, 23, Brazil, automobile mechanic, and Elta Marie Ham, 22, of 3117 Kenwood Ave. Oliver P. Morton, 41, of 321 W. Fortieth St., automobile mechanic, and Gola Skelton, 40, of 1226 N. Illinois St., nurse. Harry A. Cederholm. 21, of 4144 Grneeland Ave.. stenographer, and Mildred Edythe Robbins. 23. of 3522 W. Michigan St., stenographer.

Real Birdie Bu Times Special COLUMBUS, Ind., Aug. 9. Edgar Snider, local golfer, is boasting of a real birdie. Making a high fast drive on his tee shot, Snider saw the ball strike a bird. Going to the spot where the bird fell, he found the ball had sliced off Its head. "He Is keeping the bird" to prove his story.

New York • Stocks ——”” (By Thomson & McKinnon) -

• —Aug. 9 Railroads— Prev. High. Low. 12:00 Close. Atchison 188 Atl Coast Line ..165>4 ... 165% 166 Balt & Ohio ....105% 105% 105% 105% Candian Pac ... .203V4 202 5 /s 203 203% Chesa & Ohio .181% ... 181% 183 Chi & Alton 10 Chi & N West .. 82 ... 82 82 Chi Grt West .. 13V4 13% 13% 13 C R I & P 117 Dei & Hudson" 189% iBB i89% 189 Del & Lacka 132 ... 132 131% Erie 51 ... 51 51% Erie Ist pfd .... 56% 55% 56% 56 Grt Nor pfd 96% 111 Central 142 Lehigh Valley 101 Kan Citv South 47% Lou & Nash ... 143 MK & T 36% 46% 36% 36% Mo Pac pfd .... 114% ... 114% 115% N Y Central ....163'/4 163 163’,4 163% NYC&StL 125% NY NH & H 56% ... 56% 56% Nor Pacific ... . 96% ... 95% 96 Norfolk & West 178 Pere Marquette 129% Pennsylvania ... 63% P & W Va 139 Reading 99% Southern Ry ....148% 148 148% 148 Southern Pac ...120% ... 120% 120 St Paul 35 ... 35 35Vs St Paul pfd 46% 46 46 46’/a St L& S W 1... 91% 88% 91% 87 St L& S F 112% ... 112% 113 Texas & Pac 172 Union Pacific ..193% ... 193'% 193'% West Maryland. 41 ... 41 40% Wabash 71 ... 71 71V* Rubbers— Ajax 8 ... 8 8 Fisk 10% ... 10% 10% Goodrich 76 ... 76 76 Goodyear 54% ... 54 54% Kelly-Spgfld i. ... 19 United States .. 32% ... Equipments— Am Car & Fdy. 89 ... 89 89 Am Locomotive. 90 ... 90 88% Am Steel Fd 52 ... 52 51% Am B Shoe 40 ... 4040 Vs General Elec ...149% 149 149% 149 Gen Ry Signal .. 96 ... 96 96 Lima Loco 43 N Y Air Brake .. 41 Vs ... 41% 42 Pullman 80% 80 80V* 80% Westingh Elec.. 96% 94% 96 93% Westingh Air B 44% ... 44% 44

Steels— Bethlehem 56% 55% 56% 56% Colorado Fuel .. 60% 59'% 59% 59% Crucible 72 71% 71% 72% Gulf States Stl 63% Inland Steel 56 Phil R C & 1 28 Rep Iron & Stl.. 63% 61% 62 62 Otis Steel 22% ... 22 22 U S Steel 140V'* 139% 140 139% Alloy 33 ... 32% 33 Youngstwn Stl .. 88 ... 88 89% Vanadium Corp. 70% 69% 79 71% Motors— Am Bosch Mag 31% Chandler 23 22% 23 22% Chrysler Corp .. 84% 83V 84 83'% Conti Motors... 11% ... 11% 11% Dodge Bros ... 16Vs ... 16% 16% Gabriel Enbbrs. 18% ... 18% 18% General Motors .186% 184% 186 183% Hudson 80'/ 79% 80 79% Hupp 58 57 58 57% Jordan 10 Mack Trucks ... 90 ... 89% 89% Martin-Parry .. 17% ... 17V* 17% Moon 7% ... 7Vi 7% Paige 32% 32'/s 32% 32%, Nash 84% 83% 84'/ 2 83% Packard 74% 73% 74 74% Peerless , 16 Vs Pierce Arrow 13 Va Studebaker Cor. 71% 70% 71% 70% Stew Warner .. 91% ... 91% 91’/s Stromberg Cart 49% Timken Bear ...125 123 125 124% Willys-Overland. 22 21% 22 21% Yellow Coach... 32% ... 32% 32 White Motor ... 37% ... 37 37% Mining— Am Smlt & Rfg. 197% 197% 197% 197% Anaconda Cop.. 66 ... 65% 66% Calumet & Arlz. 94% ... 94% 95% Cerro de Pasco. 77% 77% 77% 76% Chile Copper... 44 ... 44 44 Greene Can C0p.500% ... 1'9% 99'/ Inspiration Cop . 20 % Int Nickel 97% 96 97 95% Kennecott Cop. 94% 93% 94'/ 2 94 Magma Cop 50% Miami Copper ..20% ... 20Vi 20 Texas Gulf Sul. 68 Vs ... 68% 68 U S Smelt 46>/s ... 46'/s 47% Oils— Atlantic Rfg ...155'/ 2 153% 155 153% Barnsdale 25% ... 24% 24% Freeport-Texas.. 67’/ ... 61 61 Houston Oil 145 Indp Oil & Gas. 26 25 26 25% Marland Oil 37% ... 37% 37 Mid-Cont Petrol. 30% ... 30% 31 Lago Oil & Tr 32 Pan-Am Pet 8.. 43 42% 43 42% Phillips Petrol.. 39 38% 39 39 Pro & RfgrS ... 29% ... 24% 24% Union of Ca 1.... 51*/* 50% 51% 50% Pure OH 23% ... 23 V* 23% Richfield 46% 46% 46% 46 Royal Dutch 55 Shell 26% ... 26% 26% Simms Petrol... 20% ... 20% 20% Sinclair Oil 27% 27% 27% 27% Skelly Oil 31% ... 31 % 31V* Std Oil Cal 57% ... 57% 57% Std Oil N J 45% 45 45% 45% Std Oil N Y .... 35% 35% 35% 35% Texas Corp .... 61% ... 61% 61% Transcontl 7% ... 7% 7% Industrials— Adv Rumely ... ... 43% Allis Chalmers 126% Allied Chemical.l7B ... 178 177 Armour A 19 ... 18% 19 Amer Can 92% 91% “92 91V 2 Am H L pfd' 41% Am Linseed ...108% 108% 108% 108V 2 Am Safety Raz 61% Am Ice 44 ... 43% 43% Curtis 102% Coca Cola 161% ... 161% 162 Conti Can 110% ... llO'/s 110% Congoleum 23% Am Wool 16% ... 16% 16% Davison Chem.. 61 50Vs 61 50% Dupont t... 367 Famous Players. 133 ... 132% 134 Gen Asphalt .. 73% Int Bus Mch 120% Int Cm Engr .. 60% 59% 60 60'/a Int Paper 68% 68 % 68% 68 Int Harvester . .271 269 268 269 Lambert ... loey Loews 54% 57% 54% 54 Kelvlnator lO'/s ... 9% 9% Montgom Ward. 197 193 197 193% Natl C R 65% 64% C 5 64% Pittsburgh Coal 46 Owens Bottle ... ... 77% Radio Corp ....175% 169% 175 169% Real Silk 28% 27% 28 25% Rem Rand 28% 27% 28 28% Sears Roebuck. .127 ... 125% 126% Union Carbide ..161% 159% 161 160 Umv Pipe ..... 19% ... 197/, 19% U S Cs Ir Pipe.. .. ... 939 U S Leather .. 44% ... 44% ~44% US Indus Alco.. 111% .I. 111% 112 Warner Bros .... 77% 75% 77 76% Wright 153 ... 152% 152% Woolworth C 0... 153 ... 152% 152% Utilities— Am Tel & Tel.. 173% ... 173% 173*/. Am Express 185'V Am Wat Wks * 57 2 Brkl.vn Manh T 6474. Col G& E 113 112% 113 113% Consol Gas 147% 145 147 143 Elec Pow & Lt... 34% .. 34V* 34% Nor Amer C 0.... 71 ... 71 711,: Nat Power 32% ... 32% 32% Pub Serv N J.. 54% ... 54% 55 So Cal Ed 46% ... 46% 46% Std aGs <te E 1... 64% 63% 64% 33% Utfiities Power.. 41'/, 39% 40% 39 West Union Tel ... 14014 Shipping— VI 8/2 Am Inti Corp... 94% 9* 94% 94% Am Ship & Com .. ... 37. Atl Gulf & W 1.. 48% 47% 48% 47% Inti Mer M pfd. 35% ... 35% 35% United Fruit ....136 .. 136 135 Foods— Am Sug Rfg.... 69 ... 69 69 Am Beet Sugar 21% ... 21% Beechnut Pkg.. .. ... 74%, California Pkg.. 70% ... 76% 71 Corn Products .. 76% 76 76% 78%. Cuba Cane 8u p > is Cuban Am Sug.. 18 ... 17% 18 Fleischmann Cos. 70% 70 70% 70 Jewel Tea 114 Jones Bros Tea 27%. Natl Biscuit 165 ... 165 164 Nat Dairy 82 81% 81% 81% Postum Cos 66 ... 66 66 Ward Baking (B) .. ... ... 17% Tobaccos— Am Sumatra .. 65% ... 65% 66 Am Tob (B) 162% Con Cigars 90% 89 90 88% General Cigar 60% L!g & Myers .. 89% ... 89%' 89% Lorillard 28% 28% 28% 27% R J Reynolds ..132 ... 132 132 Tob Products B 96’% ... 96'/ 2 96% Schulte Ret Strs 60% 60% 60'/ 2 63'/ 2 Building Permits N C ExVte“ a s3°7?6 dW6l, ‘ ng aßd garßge ’ 701 sl*’o<?. Crane ' adtittlon * 1022 S. Pershing, Diamond Chain Company, garage, South and West, $2 000. Fred Stitz. furnace, 450 N. Audubon, $269. William Burford, boiler, 1503 N. Meridian, $3,400. A. Isaacs, furnace, 1009 S. Meridian. $325. M. Rabb. furnace. 1311 Nnion, S4OO. Jake Batts, garage. Sill N. Arsenal. $225. Rose Meyer, addition, 1827 Applegate, $225. I. Wolf, garage. 2110 Central. S3OO Ira Stephenson, garage, 1022 W. ThirtyFifth, $250. Hyman Touler, excavate. 1558 College. S3OO. Lacy Saxton, addition 3303 E. TwentyFifth, SBOO. Anna Wischmeyer, garage, 2419 Ransdale, $350. Holloway Building Company, dwelling and garage. 1417 W. Thirty-Fourth. $2,500. Hunter Realty Company, dwelling and garage, 6563 Rlverview, $5,000. Mrs. Wood, boiler 5739 Rawls, $425. Ida Pike, dwelling, 5601 Broadway, $7,500. Ida Pike, garage, 5601 Broadway. S3OO. H. W. Kothe, reroof. 737 N. Noble, $315. Frank Zeigler, repairs. 1518 Lawton, SBOO Mrs. Max Bake, repair, 323 S. Davidson! $250. Gregory & Appel, garage. 1501 Dawson, S2OO. „ R- E. Thompson, garage, 3125 Barrett, $250.

WHEAT FUTURES REACT TU LOWS SET WEDNESDAY Bullish Liverpool Cables Aid in Upturn; Corn and Oats Higher. By United Press CHICAGO, Aug. 9. The belief that prices had touched bottom on Wednesday’s decline, aided by stronger Liverpool cables, sent wheat sharply higher on the Board of Srade today. Com advanced on good export buying. Oats was up in sympathy. Wheat opened 2 % to 2% cents higher, corn was up % to 1 cent and oats was Vs to % cent up. Provisions were slightly higher. Wednesday’s declnie in wheat revealed a heavily oversold market. Houses with northwestern connections were buyers on the dip, but foreigners continued to sell. All sections of the belt reported clear, hot weather Wednesday. Trade in September corn has been less active and interest turning to the deferred deliveries. Buying against bids and good commission house purchases checked Wednesday’s decline. Millions of bushels of corn have been reported taken for gulf export during the early winter. Oats followed the general trend of the market Wednesday, touching new lows, but rallying slightly toward the close. Good business was done in cash oats. Chicago Grain Table —Aug. 9 WHEAT— Prev. High Low 12:00 Close September ... 1.13% 1.12 1.12% 1.11 December ... 1.19% 1.16% 1.17% 1.15% May 1.24% 1.22% 1.22% 1.22 CORN— September ... .95% .94 .94% .93% December ... .75% .74 .74% .73% March 76% .75'% .75% .75 OATS— September ... .38 .37% .37% .37% December ... .40% .40% .40% .40% March .42 41% .41% RYE— September ... .97% .96% .96% .95% December ... 1.00% .99 Vi .99% .98'% March 1.02 1.01% 1.02 1.00% LARDSeptember .. 12.15 12.07 12.15 M.lO October 12.27 12.15 12,27 12.20 December .. 12.40 12.37 12.40 12.35 RIBS— September 14.00 October 13.62 Bu Times Special CHICAGO. Aug. 9. Carlots: Wheat. 185; coin, ,52; oats. 99. VARE CUMIF PERIL Pennsylvania Leader Will Recover, Says Doctor. By United Press ATLANTIC CITY, N. J.. Aug. 9. —Dr. Elwood Kirby, attending physician, today reported that Senator William B. Vare of Pennsylvania, who has been dangerously ill is “over the danger line and will recover.” Vare’s temperature was pronounced normal and his blood pressure “within the bounds of safety.” “Much more action of the left arm is possible,” he continued, “and his reflexes are all back. His pupils are normal. He is certainly out of danger.” Local Wagon Wheat Local grain elevators are tylng $1.22 for No. 2 red wheat and 97c for No. 2 hard wheat. Other grades are purchased on their merits. Commission Row PRICES TO RETAILERS FRUITS Apples—New fancy Transparents. $2 basket; fanrn' barrel apples, seasonable varieties, $5.50, new fancy basket apples, seasonable varieties, $2 crate, 40 lbs. Apricots—s3.7s crate. Blackberries—s3. 24-qt. crate. Cantaloupes—Arksans. $2.50 crate. Cherries—Northern. $3.50, 16-qt. crate. Currants—s2.so, 16-qt. crate. Dewberries—ss.so, 24-qt. case. Gooseberries—lndiana, $5. 24-qt. ete. Grapes—California, [email protected] *rate; Malagas, $2.50 crate. Huckleberries Georgia, $7.50, 24-qt. crate. Lemons—California, $2.50 crate. Limes—Jamaica. $1.7502.25, 100. Melons—Honey Dew, California. $5.50. Oranges—California Valencias, [email protected] crate. Peaches—Southern, $2 @2.25 crate. Pears—Barletts. $3. Plums—California, [email protected] crate. $3.50 crate. Raspberries—Black. $2.50 crate; red. Watermelons—Florida. 75c each. VEGETABLES Beans Mississippi stringless, $1.25 hamper. Beets—Home grown. 35c doz. Cabbage—Home grown, $1.25 bbl. Carrots—Louisiana, 35c doz. Cauliflo’'er—Home grown, $1.25 bu. Celerey—Michigan. $1.25 crate. Corn—Fancy home-growfl, 30c doz. Cucumbers grown. 75c doz. Kale—Spring, 60c bu. Mustard—Fancy, home grown, 60c bu. Okra—Tennessee, $1 basket. Onicns—Home grown, green, 25@40c doz.; Texas crystal wax. $202.25 crate. Parsley—Home grown, 50c doz. bunches. Peas—New York. Telephone $1.50 bu. Peppers—Home grown Mangoes. $1.75 hamper. Potatoes—Virginia Cobblers, $2.75 bu.; fancy home grown. $1.35 bu. Radishes—Hothouse, Button, 65c doz. bunches; southern long red, 45c doz. Rhubarb—Home grown. 35c doz. Spinach—Fancy home grown, $1.35 bu. Sweet Potatoes—s2.so hamper. Tomatoes—Southern Indiana. $1.50, 18 lbs. Turnips—New. $1.25 bu. MISCELLANEOUS Cldar—s4.so o-gal. case; $4.75 doz.. %- gal. Jars. Garlic—California. 20c lb. Other Livestock Bu United Press PITTSBURGH Aug. 9.—Hogs—Receipts. 1.000; market, steady; 250-350* lbs., $11,654) 12.30; 200-250 lbs., $11.90012.30; 160-200 lbs.. $11.50012.30; 130-160 lbs., *[email protected]; 90-130 lbs., [email protected]; packing sows, $9.25010.50. Cattle—Receipts. 50; market steady; beef steers, $11.50015.25; light yearling steers and heifers. $10.50015; beef cows. $80,11.50; vealers, 15019; heavy calves. s9@ls. Sheep—Receipts. 300; market. steady; top fat lambs. $15.25; bulk fat lambs, $12.500 15.25; bulk call lambs. s9# 12; bulk fat lambs, $12.50015.25: bulk cull lambs. s9@l2; bulk fat ewes. $507. Sears Roebuck to Raise Capital Bu United Press NEW YORK, Aug. 9.—Sears Roebuck stockholders today approved an increase in authorized capital stock to 5,000,000 shares from 4,200,000. The increase is to provide for stock dividend about to be distributed. Workmen’s Tools Stolen Burglars entered the KlieberDanner Machinery Company plant, 956 E. Washington St., early today and stole more than SIOO worth of tools belonging to workmen. SUGAR OPENING Bu United Press NEW YORK, Aug. 9.—Sugar futures opened steady. September 3.21, up .01; December 2.34, unchanged; Mahch 2 37, up .01; May 2.46, up .01; July 2.53, up .02.

THE INDIANAPOLIS TIMES

Produce Markets

Butter (wholesale price) No. 1. 47048 c: No. 2. 45® 46c lb. Butterfat (buying price)—4s@46c lb. Cheese (wholesale selling prizes, per pound)—American loaf. 36c; pimento loaf. 36c: Wisconsin flat, 29c; prime cream. 32® 34c; flat Daisy. 27c; Longhorn. 27c: New York Ltmberger. 30c. Eggs—Buvlng prices: Fresh, delivered at Indianapolis, loss off. 26®29c doz. Poultry (buying prices)—Hens, 20021 c: Leghorn hens. 14015 c: 1928 spring, large breed 2 lbs. and up, 28c; l%@i% lbs.. 24 025 c; Leghorns. 20@21c; old roosters, large, ll@12c; small, 10c; ducks. 10c; geese. 8c; guineas, young, 50c; old. 35c. Bu United Press CLEVELAND, Aug. 9.—Butter—Extras In tub lots, 47®49c; extra firsts, 43% 0 45%c; seconds, 39%®41%c. Eggs—Extras, 37c; extra firsts, 34 %c; firsts, 32cj oullnaries, 27%c. Poultry—Heavy springers, r 35037c; Leghorns, 27028 c; heavy fowls. 260 28c: medium stock. 25026 c; Leghorns, 180;2Oc; ducks, 20@22c; geese 15® 17c: old cocks, 16017 c. Potatoes—U. 8. No. i, cloth top, stave barrels. Virginias, $2.350.2,50. DEFAULT IN PROTEST ' / Opponents of Newcastle Contract Fail to Appear. Opposition to a contract which would give the Insull owned Interstate Public Service Company the job of lighting the streets of Newcastle, Ind., disappeared "by default” at a hearing before the service commission today when net one of the fofir Newcastle businc men who submitted formal protest a week ago showed up. Charles W. Mouch, president of the Farmers and First, National Bank of Newcastle, bitter opponent of the “Insull encroachment"; Arthur B. Ayres, wealthy Newcastle man; Jerome Cory and Sam leading business men of the Henry county seat, comprised the quartet of remonstrators, none of whom put in appearance. Ayres is in Europe, and the others in Newcastle, proponents of the contract told Frank G. Singleton, commission chairman, who conducted the meeting UTILITY HEAD RESIGNS Sir Alexander Mackenzie. President of Brazilian Company, Quits. Bu Times Special NEW YORK, Aug. 9.—Sir Alexander Mackenzie, long an outstanding figure in the development of South American public utilities, has resigned as president of the Brazilian Traction, Light and Power Company, Ltd., because of ill health, and has been succeded by Miller Lash, K. C„ it was learned here today. Sir Alexander will remain as a director of the company and continue to act in a consulting capacity. The retirement of Sir Alexander ends a period of nearly thirty years of service with the company, which, under his direction, became the largest public utility organization in South America. It operates all the traction lines, telephones, light, gas and power services in the two largest cities of Brazil—Rio de Janeiro and San Paulo. He has been president of the company since 1915. Births Girls Raymond and Anna Gerald, 1450% Wooalawn. Darrell and Irena Crisp, 2918 McPherson. Orlando and Mary Fields, 1551 E. Southern. Edward and Inez Htrmon, 1627 Arrow. ’ Bovs Walter and Alma Clark, Coleman Hospital. Walter and Minnie Frink, Coleman Hospital. Roscoe and Vera Charles, 4015 E. ThirtyFirst. Charles and Susan Malone, 1604 N. Sheldon. L. H. and -Velva Hendricks, 514 8. Holmes. Henry and Anna Harris, 748 N. Elder. Christopher and Katherine Showecker. 3212 N. Gale. Robert and Myrtle McKinney. 17 N. Lansing. _ _ Robert and Bessie Ray, 1718 Somerset. Nathan and Lorence Sauer, 3033 School. Roy and Mary Myers, Methodist Hospital. Deaths Emma Pennington Bradbury. 71. 2714 N. Illinois, apoplexy. Emma Belle Roberts. 82, 544 E. New York, mitral insufficiency. Mary A. McGinnis, 68, 621 N. Warman, carcinoma. Bernard E. O'Connor, 53, 131 E. Nineteenth, osteoscarcoma. Lawrence Slavens, 25, 917 E. Slxty-Becond. accidental. Infant Malone, 1 day, 1604 Sheldon, premature birth. ✓ Charles E. Young. 73, Long Hospital, meningitis. William Green, 33, 2348 Yandes, pulmonary tuberculosis. Henry Carter, 64, 414 N. Senate, chronic myocarditis. Jesse Ruttan, 71, 1615 N. Temple, entero colitis. Bernice Ellen Foreman, 5 mo., 921 Coffey. gastro enteritis. Drayins Day. 67, city hospital, acute myocarditis. Thomas Jefferson Jones. 62, 217 S. Belmont, chronic myocarditis. Juanita Gullion, 22, city hospital, acute cardiac dilatation. James Norman Reeves, 10 mo., Riley Hospital, tuberculous meningitis. James W. Doty, 43, 1244 Central, typhoid fever. George William Boyd, 59, 734 Park, cerebral hemorrhage. w William George, 10 mo., city hospital, enteritis. Franklin Klingler, 7, Riley Hospital, accidental. Charles Edw'ard Lewis, 2, 459 W. Sixteenth, myocarditis. PfGGY’S COUNT WORKS Ex-Mate of Much-Married Actress Trains Traveling Salesmen. Pi! United Press ~ HARTFORD, Conn., Aug. 9. Count Gusta Morner, fourth husband of Peggy Hopkins Joyce, is here working as an instructor to traveling salesmen, it was learned today. Morner has been here for two weeks in charge of sales of an electrical health device. WORD WORTH $25,000 64 in Will Dispose of Estate Valued at $1,600,000. B.y United Press ST. CLAIRSVILLE, Ohio, Aug. 9. —at the rate of one word per $25,000, J. J. Holloway, deceased banker, has disposed of a $1,600,000 estate. Holloway made a will containing sixty-four words and bequeathing the whole of' his estate to his wife, Mary B. Holloway.

Ban Cackles ATLANTIC CITY, Aug. 9. Cackling hens and crowing roosters bother fesidents of the exclusive beach hotels. Therefore, chickens can not be kept in Atlantic City, Recorder Joseph A. Corio ruled in fining Mrs. Mary Tendler $lO for having chickens at her home.

PORKERS REACH sl2 TOP WITH OTHERS STEADY Hogs Turn 10 to 25 Cents Higher; Lambs Weak at Yards. Aug. Bulk Top Receipts 2. [email protected] 11.75 7,000 3. [email protected] 11.65 5.500 4. 11.00011.85 11.85 2.500 6. 11.000U.85 11.85 5.000 7. [email protected] 11.85 7.000 8. 11.00011.75 11.75 6.500 9. * [email protected] 12.00 4,000 Hogs hit a top price of sl2 at the Union Stockyards today, advancing generally 10 to 25 cents on the hundredweight. Material in the bulk weighing 160-275 pounds sold for $11.40® 11.90. There were Only 4,000 fresh animals here plus 531 holdovers. Cattle and vealers wete steady In their respective divisions while lambs were weak in the sheep division. ; The .Chicago market opened slow with traders asking strong with Wednesday best time. Several bids and a few sales on good and choice 170-240-pound weights were around $11.50® 11.60. Receipts numbered about 20,000, including 3,000 holdovers. * Heavy butchers sold at sll #11.60, 10 cents higher on the top than Wednesday’s average with a steady to higher market. Other quotations ranged as follows: 200-250 pounds, $11.50® 11.95, with a gain of 10 to 20 cents; 160-200 pounds, sold 15 to 25 cents higher at sll.Bo® 12; 130-160 pounds, were steady, selling at sll® 11.50; 90-130 pounds, $8.75® 10.50, and packing sows steady at $9.50 ® 10.50.Beef steers were 25 cents lower on the top, selling at $14.50® 16; beef cows brought s9® 11.50, with a gain of 50 cents; low cutter and cutter cows, sold steady at $5.25@7, and bulk stock and feeder steers, sß® 12, with about 750 animals reecived. Heavy vealers brought $16.50® 18 in a very steady market, with about 550 animals in the pens. Heavy calves selling at s7®ll. The sheep and lamb market was steady to weak, with a steady top at $14.50, and buk fat lambs selling 25 cents downward at sl3® 14; bulk culls sold steady at sß® 10.50, and fat ewes $4.5j®6.50. Receipts were estimated at 800. —Ho**— Receipts, 4,000; market, steady to higher. znnitS i’h. s SII.OOO 11.60 i in' 2 , 0 . 0 ,, *s* 11.800 12.00 *22*}*® }£s 11.00^11.50 90-130 lbs [email protected] Packing sows [email protected] -CattleReceipts, 750; market, steady to strong. Beef steers $14.50®16.00 Beef cows 9.000 11.50 Low cutters and cutter cows.. 5.25 0 7.00 Bulk stock and feeder steers. [email protected] —Calve*— Receipts. 550; market, steady. Best vealers *16.500)18.00 Heavy calves [email protected] —SheepReceipts, 800; market, steady to weak. Top fat lambs $14.50 Bu k fat lambs 13.00014.00 Bulk cull lambs 8.00010 50 Fat ewes 4.50® $.50 Other Livestock Bu United Press „„!? HIC ' AGO, Au K- —Hogs—Receipts. 20,000; market, uneven; mostly steady; packing sows, strong, top. $11.70; pain for several loads of choice. 180-220 lb. weights; butchers, medium to choice, 250-350 lbs. $10.60011.50 : 200-250 lbs., [email protected] ; 160-200 lbs.. $10.50® 11.70; 130-160 lbs., $9.90 ® 11.60; packing sows. 59.5C010.40; pigs, medium to choice, 90-130 lbs.. *9.50011 Cattle—Receipts, 8,000; calves. 2.500; generally steady on fed steers and yearlings; little cattle scaling under 800 lbs., very scarce, strong; prime 1602-lb. steers $16.25; best yearlings. *16.65; slaughter 'classes, steers, good and choice. 1300-1500 lbs.. $14.250 16.60; 1100-1300 lbs.. $14.25016.75; 950-1100 lbs., $14.500 16 85; common and medium, 30 lbs., *9O 14.30; fed yearlings, good and choice. 750-950 lbs., *14.30% 16 65heifers. good and choice, 50 lbs. down $14.25® 16.75; common and medium. *B.7s®' 14.50; cows, good and choice, $9.500 13; common and medium. $7.75%9; low cutter and cutter. $6.15% 7.75; bulls, good and $9 650 11; cutter to medium, $7.25% 9.65; vealers. milk fed. good and choice. $l6OlB- medium. sl3® 16; cull and common. SB% 13; Stocker and feeder steers good and choice, all weights. *11.75013.75; common and medium. $9.50% 11.75. Sheep —Receipts, 14.000; better grade fat native lambs and rangers not much changed; in between and lighter grades under pressure: weak to lower on in-between natives; throw outs, 25@50c down in sluggish trade; sheep, about steady:•feeding lambs, unchanged; lambs, good and choice. 92 lhs. down. $14% 15.50; medium. *l2® 14; cull and common. $8.50% 12: ewes, medium to choice, 150 lhs. down. *4.754/7.50; cull and common, $1.75% 5.50; feeder lambs, good and choice, $13.50% 14. Bn United Press CLEVELAND. Aug. 9.—Hogs—Receipts. I. market. 50 10c down; top. $12.35; 250-350 lbs.. $11,754,12.15; 200-250 lbs.. $12.100 12.25; 160-200 lbs.. $12.15012.35; 130-160 lhs.. $l2O 12 35; 90-130 lbs.. *ll. li @l2; packing sows. $9.25011. Cattle—Receipts. 200. Calves—Receipts. 250; market, steady,' beef steers. *10.50011.50; beef cows, *7.250 9.25; low cutter and cutter cows. *54,6.75; vealers. $15% 17.50. Sheep —Receipts. 500; market, weak to 25c down; top fat lambs, $15.50; bulk fat lambs. $14.75015,25; bulk cull lambs, $11012; bulk fat ewes, $5 @7. Bu United Press EAST BUFFALO. Aug. 9.—Hogs—Receipts, 1.100; holdovers. 355; market, slow steady to 25c down; 250-350 lbs., $11.600 12-200-250 lbs.. $l2O 12.40; 160-200 lbs., $124, 12.40; 130-160 lbs.. $11.70012.40: 90-130 lbs.. $11.500 12.35; packing sows. $9.50® 10 25. Cattle—Receipts. 150. Calves—Receipts. 100: market, steady; beef steers. $12.50016.35: light yearling steers and heifers. *l4@ 16.75: beef cows, $8,250 10.25; low cutter and cutter cow's. $5.254,7.25; vealers, $18.25% 19. Sheep—Receipts. 4CO; market, steady; bulk fat lambs, *l5O 15.50; (bulk cull lambs. $8.75® 12.25; bulk fat ewes. $5.25 0 7.50. Bn United Press TOLEDO. Aug. 9.—Hogs—Receipts. 500; market. 10®20c down; heavies. $11,154, 11. medium. $11.75@12; yorkers, *11.50 @l2: good pigs. $11f,U.50. Cattle—Receipts, 200; market, steady. Calves—Receipts. 100: market, steady. Sheep and lambs—Receipts. 150; market steady. Bu Times Special LOUISVILLE. Aug. 9.—Hogs—Receipts, 600; market steady, heavy and medium hogs, 180 lbs. up. $11.65; pigs and lights. 180 lbs. down, $7.65©' 10.25; stags and throwouts. [email protected]. Cattle Receipts. 200; market steady; prime heavy steers, $13014; heavy shipping steers. sl2® 13; medium and plain steers, $10@12; fat heifers, SBO 13.50; choice cows. $8.50® 10.90; medium to good cows. $6.5008.50; cutters. [email protected]: canners, [email protected]; bulls, s6@9; feeedrs, $9011.50: Stockers, [email protected]. Calves —Receipts. 300; market. 50c higher; good to choice. $13@15: medium to good. $11013; outs. sll down. lambs, $13.500 14; choice. $14.50; seconds. *8.50@9; sheep, s4@6; bucks. $30,3.50. shipments: Cattle. 144; calves, 234; nogs, none; sheep, 1,055. Bu United Press FT. WAYNE, Ind.. Aug. 9.—Hogs—Receipts, 100; 90-110 lbs., $9 50. 110-130 lbs.. $10.50; 130-140 lbs.. $11; 140-160 lbs.. *11.25; 160-180 lbs.. $11.60; 180-200 lbs., *11.75; 200-250 lbs., $11.50; 250-300 lbs.. *11.40; 300-350 lbs.. $11.25; roughs. *9® 9.50; stags. s7® 7.50. Calves—Receipts, 25; market sl7 down; sheep, $13.50 down. Bu United Press CINCINNATI. Aug. 9.—Hogs—Receipts, 3.100; holdovers. 1.420; market, steady to 10c lower; 250-350 lbs.. $10,654, 11.6*; 200250 lbs.. $11.25011.90; 160-200 lbs.. sllO- - 130-160 lbs.. $10.250 11.50: 90-130 lbs., $94, 10.75: packing sows. $8.2509.75. Cattle —Receipts, 925. Calves—Receipts, 500; market, steady; veals. 50c up; beef steers. $11014.50; light yearling steers and heifers $11015; beef cows. $709.50; low cutter and cutter cows. $5.500 6.75: vealers. $14.50 @17.50; heavy calves. $10014; bulk "Stocker and feeder steers. *10.50011.50. Sheep— Receipts. 1,700; market, steady: top fat lambs. sls; bulk fat lambs. $l2O 14.50: bulk cull lambs, 8@11; bulk fat ewes, $4.50 @7.

Lead Order of Cooties

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- Malachi F. Healy, Long Island City„N. Y. (left), supreme commander ot the Military Order of the Cootie; Miss Mildred Giguere, Cootie mascot, and her father, Maj. Edward Giguere, Cleveland, Ohio, supreme vice commander. Healy will preside at the annual “supreme scratch” of the fun auxiliary of the Veterans of Foreign Wars when it convenes in Indianapolis Aug. 26 to Sept. 1. Giguere has been mentioned as the likely successor as head of the order of Cooties.

Howdy, Prince By United Press PARIS, Aug. 9.—One French peasant long will remember that he entertained royalty—the Prince of Wales—who stopped to pay a social call. En route back to London from a visit to the battlefield districts of France, the Prince stopped at a farmhouse near Wizernes where he had been billeted in the war days. “Do you remember me?” the smiling British heir asked the elderly peasant who answered the door. The peasant’s sleeves were rolled up and apparently he Imd been working in the fields. The farmer was overawed by the visit, but overcame his first bashfulness and offered the Prince a cup of black coffee. The two sat and chatted for almost an hour while the Prince recalled the stirring war days.

HEAT STEAM TU 3,000 J|OUNDS Super-Pressure Boilers Are Developed. Bu Science Service BERLIN, Aug. 9.—Steam at a pressure of 225 atmospheres, or 3,375 pounds a square Inch, is generated in anew battery of boilers recently Installed at the SienensSchuchert Works at Charlottenburg. The installation has attracted considerable attention among German power engineers because of a number of unique features it involves. The design was developed by an Englishman, Benson, but the German plant is its first construction on a large industrial scale. Each boiler consists of a high, relatively slender octagonal tower. There is an open interior space, surrounded by the water tubes. Coal dust Is used as the fuel. This is blown in at the top of the tower, together with a blast of pre-heated air, and combustion takes place in the central open space, generating an unprecedently high firebox temperature, and producing steam at a pressure of more than 3,00 pounds a square inch and a temperature of 450 degrees centigrade. At the bottom the small amount of ash falls out, and the combustion gases are turned back to warm up the pre-heater for the air blast, which is raised to a temperature of 400 degrees centigrade before it enters the combustion chamber. So completely is the heat used up that the outside of the towers are said to be but little warmer than the surrounding air, Ohio Newspaper Man Dies Bu United Press WAYNESFIELD, Ohio, Aug. 9. The Rev. Albert Waldron Yale, 79, one of the most widely known newspaper men in in the Middle West is dead here at the home of his son, E. Brennan Yale, editor of the Waynesville Chronicle. Sick Man Kills Self Bu Times Special TERRE HAUTE, Ind., Aug. 9. Hubert S. Schlipzer, 40, killed himself by shooting at his home here Wednesday night while despondent over ill health. Nobile Pays Visit to Duce By United Press ROME, Aug. 9.—General Umberto Nobile w’as received in audience today by Premier Mussolini, and made a preliminary report on the flight and wreck of the Polar dirigible Italia. Two Quakes in Mexico B.y United Press MEXICO CITY, Aug. 9.—Two earthquakes occurred at Pinotepa this morning. Business and schools are being conducted in the open air. \ COTTON OPENING Bu United Press NEW YORK, Aug. 9.—Cotton futures opened lower. October 19.25. off .Iff; December 19.85, off .18; January 19.10, off .18; March 19.70, off .22; May 19.80, <tff .20; July 19.72, off .25. T

STOCK BROKERS FAIL ONSTREET W. D. Moore & Cos. Unable to Meet Obligations. Bu United Press NEW YORK. Aug. 9.—W. D. Moore & Cos., Wall Street brokers and members of the stock exchange, announced today that the firm was unable to meet its obligations and had failed. This is the first failure attributable to the racent bull market when fortunes in stocks were delt in almost every minute and the reaction which followed. Under the stock exchange rules, the announcement of inability to meet obligations automatically suspends the firm’s membership. Spencer T. Aldrich held the firm’s membership in the stock exchange. The company had been on the exchange since 1917, the midst of the war markets. The public probably will not suffer from the failure as the company dealt chiefly in odd lots and did its business with other brokers and not with the public direct. It bought and sold on the order of other firms and those firms stand between the public and any loses. y Withdrawal of the public from the market recently, reducing the dealings in small .orders, which other brokers turned over to M*>ore & Cos., is said to have depressed their business until they no longer could met obligations. The amount involved in the failure could not be determined pending an audit of the company’s books, which will be made immediately. Financial experts thought the sum involved would not be large. Horse Arrested at Newcastle Bu Times Special NEWCASTLE, Ind., Aug. 9.—Police have failed to find a horse about which the following was written on the desk sergeant’s blotter: “A horse arrested at 2 a. m. Charged with loitering. Parked in garage and later mqved to vacant lot.” Traffic Dead Reach 23 By Times Sperial SOUTH BEND, Ind., Aug. 9 Stephen Luczynski. 50, is dead, the twenty-third victim of street accidents here this year. He was faltally hurt when struck by an auto driven by a woman. Purdue Campus Designer Dies By Times Special LAFAYETTE. Ind., Aug. 9.—Pierre Van Landegham, 72, botanist and horticulturist, who designed the Purdue University campus, is dead after oeing in failing health several years. Hoosier Drowns in Ohio Bn Times Special SIDNEY Ohio, Aug. 9.—Paul Martzell, 24, Richmond, Ind., was drowned while swimming in Evergreen Lake, near here Wednesday.

RIGHT NOW— ‘ Would be a good time to fill out the coupon below and send lt to our Washington Bureau for a packet of six of its timely and interesting bulletins, full of helpful hints for the hots days. The bulletins offered are: 1. How to Swim. * 4. Circumventing Hot Weather 2. Keeping Cool in Hot Weather. Pests. 3. Outdoor Games. 5. Vacation Doctor and First Aid. 6. Picnic Lunches. CLIP COUPON HERE 5 :: An envelope containing these six is ready for you at Washington. Fill out the coupon and send 20 cents in stamps: HOT WEATHER EDlTOß,"Washington Bureau, Indianapolis Times, 1322 New York Ave., Washington, D. C. I want the HOT WEATHER PACKET OF SIX BULLETINS, and inclose herewith 20 cents in loose, uncanceled United States postage stamps, or coin, to cover postage and handling costs. NAME STREET AND NO CITY State I am a reader of The Indianapolis Times. V,

.'AM 9, 3928

NEGRO MISSION WORKERS MEET Open Two-Day Convention at Metropolitan Church. “Our responsibilities” was the opening discussion of the Womans’ Home and Foreign Missionary convention which began a two-day session this morning, at the Metropolitan Baptist Church. The welcome address was by Mrs. E. L. Lillard and the response was made by Mrs. Caroline Floyd, Connersville. Following the presentation of a* playlet "The finding of Moses.” The Rev. D. W. Matthews, New Albany, delivered the convention sermon. Closing exercises of the ministers’ and deacons' convention were held Wednesday night, at the Mt. Paran Baptist Church. The Rev. J. I. Saunders was the speaker. Devotions were led by the Rev. G. W. Gore, French Lick. Mrs E. J. K. Hines, president of the missionary society, is to deliver her annual message this afternoon. Social service, short talks from national officers and a report of trustees is the program tonight. ENDS LIFE WITH POISON 111 Health Following Fail Leads to Suicide of Everett Seyler, In ill health from a fall of six months ago, Everett Seyler, 45, of N. Sixth St., near Troy Ave., Beech Grove, drank poison Wednesday evening and died today in city hospital. Seyler was in his automobile in front of the Mayo farm two miles west of Mcoresville when he took the poison. The widow is visiting relatives in Kentucky. No children survive. The City in Brief The Indianapolis Real Estatft Board has awarded contracts for the erection of four signs welcoming tourists to Indianapolis and pointing out the advantages of investing here. Two of the signs will be built on State Rd. 31, north and south of the city, and two on the National Rd., east and west . Music, congregational singing and speeches are on the program for the annual reunion of former residents of Dearborn County at Brookside Park Sunday. Joseph E. Bruce is president and Mrs. Alta K. Hansell, secretary of the organization. Edmond Bergman, Terre Haute, receiver of the bus line between Terre Haute and Crawfordsville, today requested the public service commission for permission to sell the line to Gerhard Bergman, Terra Haute, for $4,000. a “Fountain Pen Panditry“ will isl the subject of Toner M. Better Business Bureau director, at , the Advertising Club luncheon at the Spink-Arms Thursday. Earnest A. Trittipo, 2117 Broadway, announced today that the Craig family reunion will be at Riverside Park Sunday. Chicken* dinner and outing of Marott shoe store employes will be held tonight at Broad Ripple Park. Fred Orman Is chairman and George Thompson, Robert Payne, Claude Welch, Ellen Roberts, Margaret Garvey and Ruth Devine members, Pruitt family reunion Vill be at Tudor’s Grove, four miles south of Amo, Sunday. Elmer Patten is head of the committee in charge. RAISE IVORY FORTUNE FROM SUNKEN LINER Divers Hope to Find Diamond Cargo In Ship. Bu United Press ST. NAZAIRE, France. Aug. 9. Seventy dollars in British and Belgian currency was the monetary portion of the treasure trove recbvered by divers after weeks of hazardous work from the Belgian liner Elizabethville, sunk by a German submarine in the World War. Fortunately for the salvagers, tea tons of ivory tusks were recovered also—sufficient to pay the costs of the expedition. Divers now are hunting for a priceless cargo of diamonds, hidden aboard the liner by her captain Just when the submarine that sank her appeared. ( Missing Girl Returns Bu Times Special ANDERSON, Ind., Aug. 9.—Miss Lela Whitlow, 16, missing from her home here since June 28, returned • Wednesday from Danville, Va., with her father, O. P. Whitlow. The girl said she left here with Mr. and Mrs. Paul AVilkinson, former roomers at her nome and that they had traveled by auto through the She said she had been well treated.